Merchant Navy asks KPMG to review 'delegated CIO'

By 2009-07-27T13:30:00

[14:30 CEST 27-07] UK – The £3bn (€3.5bn) Merchant Navy Officers’ Pension Fund (MNOPF) has tasked KPMG with assessing whether Watson Wyatt should continue as its ‘delegated CIO’ or whether a new fiduciary manager should be appointed.

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